Largest It Consulting Firms By Revenue

Top Consulting Firms in the World
The global consulting industry is supposed to be worth 155 billion dollars. Corporations around the world rely heavily on consulting firms to maintain and maintain their edge in the growing competitive world. Who among the main players in the consulting industry? What services they offer? Did they improve the culture of work?

1. Accenture:

Accenture is a global management consulting and professional services firm that provides strategy, consulting, digital, technology and operations services. A Fortune Global 500 company, it has been incorporated in Dublin, Ireland, since 1 September 2009. In 2017, the company reported net revenues of $34.9 billion, with more than 425,000 employees serving clients in more than 200 cities in 120 countries. In 2015, the company had about 150,000 employees in India, about 48,000 in the US, and about 50,000 in the Philippines. Accenture's current clients include 95 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500.

• Stock Price: ACN (NYSE) US$ 171.23 -0.61 (-0.35%)
• CEO: Pierre Nanterme (1 Jan 2011–)
• Headquarters: Dublin, Republic of Ireland
• Revenue: 3,957 crores USD (2018)
• Subsidiaries: Avanade, IMJ Corporation, Kurt Salmon, Karmarama, More..

2. Bain & Company:

Bain & Company is a global management consultancy headquartered in Boston, Massachusetts. It is one of the 'Big Three' management consultancies (MBB). The firm provides advice to public, private, and non-profit organizations.

Bain & Company was founded in 1973 by former Group Vice President of Boston Consulting Group William Bain Jr. and his fellow colleagues including Patrick F. Graham. In the late 70s and early 80s the firm grew rapidly in the international business world. Bill Bain later spun off the alternative investment business into Bain Capital in 1984 and appointed Mitt Romney as its first CEO. Bain experienced several setbacks and financial troubles from 1987 to the early 1990s. Romney and Orit Gadiesh are credited with returning the firm to profitability and growth in their sequential roles as the firm's CEO and Chairman respectively. In the 2000s, Bain & Company continued to expand and create additional practice areas focused on working with non-profits, technology companies, and others. It developed a substantial practice around working with private equity firms.

• CEO: Bob Bechek (1 Mar 2012–)
• Headquarters: Boston, Massachusetts, United States
• Founded: 1973
• Number of Employees: 8,000 (2018)
• Subsidiaries: Bain & Company South Africa, Inc., MORE
• Founders: Bill Bain, Patrick F. Graham, William W. Bain Jr.

3. Boston Consulting Group (BCG):

The Boston Consulting Group, Inc. (BCG) is an American multinational management consulting firm with 90 offices in 50 countries. The firm advises clients in the private, public, and not-for-profit sectors around the world, including more than two-thirds of the Fortune 500, and is one of the 'Big Three' strategy consulting firms (MBB). Considered one of the most prestigious management consulting firms in a branche-internal survey, BCG was ranked fourth in Fortune's "100 Best Companies to Work For" in 2018.

• Revenue: 630 crores USD (2017)
• Headquarters: Boston, Massachusetts, United States
• CEO: Rich Lesser (Jan 2013–)
• Founder: Bruce Henderson
• Founded: 1963, Boston, Massachusetts, United States
• Subsidiaries: MAYA Design, BrightHouse, LLC, Inverto AG, More..

4. Booz Allen Hamilton:

Booz Allen Hamilton Inc. (informally Booz Allen) is an American management and information technology consulting firm, headquartered in McLean, Virginia, in Greater Washington, D.C., with 80 other offices around the globe. The company's stated core business is to provide consulting, analysis and engineering services to public and private sector organizations and nonprofits.

• Headquarters: McLean, Virginia, United States
• CEO: Horacio D. Rozanski (1 Jan 2015–)
• Revenue: 548 crores USD (2014)
• Number of Employees: 22,000 (2014)
• Traded as: NYSE: BAH; Russell 1000 Component
• Parent Organization: Booz Allen Hamilton Hldg

5. Deloitte:

Deloitte Touche Tohmatsu Limited /dəˈlɔɪt ˈtuːʃ toʊˈmɑːtsuː/, commonly referred to as Deloitte, is a multinational professional services network. Deloitte is one of the "Big Four" accounting organizations and the largest professional services network in the world by revenue and number of professionals.

Deloitte provides audit, tax, consulting, enterprise risk and financial advisory services with more than 286,200 professionals globally. In FY 2018, the network earned a record $43.2 billion USD in aggregate revenues. As of 2017, Deloitte is the 4th largest privately owned company in the United States.

• CEO: Punit Renjen (1 Jun 2015–)
• Headquarters: London, United Kingdom
• Revenue: 4,320 crores USD (2018)
• Founder: William Welch Deloitte
• Founded: 1845, London, United Kingdom
• Subsidiaries: Monitor Deloitte, Deloitte UK, More..

6. Ernst & Young:

Ernst & Young (doing business as EY) is a multinational professional services firm headquartered in London, England, United Kingdom. EY is one of the largest professional services firms in the world and is one of the "Big Four" accounting firms.

EY operates as a network of member firms which are separate legal entities in individual countries. It has 250,000 employees in over 700 offices around 150 countries in the world. It provides assurance (including financial audit), tax, consulting and advisory services to companies.

• Revenue: 3,480 crores USD (2018)
• CEO: Mark Weinberger (1 Jul 2013–)
• Headquarters: London, United Kingdom
• Number of Employees: 2,60,000 (2018)
• Founded: 1989, England, United Kingdom
• Subsidiaries: Ernst & Young Kenya, EY Armenia, More..

7. KPMG:

KPMG is a professional service company and one of the Big Four auditors, along with Deloitte, Ernst & Young (EY), and PricewaterhouseCoopers (PwC).

Seated in Amstelveen, the Netherlands, KPMG employs 189,000 people and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups.

• Headquarters: Amstelveen, Netherlands
• Revenue: 2,640 crores USD (2017)
• Customer Service: 00 800 5555 5522
• Founded: 1987
• Founders: Klynveld Kraayenhof & Co., Marwick Mitchell & Co., William Barclay Peat & Co., Klynveld Main Goerdeler
• Subsidiaries: KPMG Switzerland, KPMG LLP, KPMG Canada, More..

8. McKinsey & Company:

McKinsey & Company is an American worldwide management consulting firm. It conducts qualitative and quantitative analysis to evaluate management decisions across public and private sectors. McKinsey publishes the McKinsey Quarterly since 1964, funds the McKinsey Global Institute research organization, publishes reports on management topics, and has authored many influential books on management. Its practices of confidentiality, influence on business practices, and corporate culture have experienced a polarizing reception.

• Headquarters: New York City, New York, United States
• Founded: 1926
• Number of Employees: 27,000 (2018)
• Key Person: Kevin Sneader (Global Managing Partner)
• Subsidiaries: MIO Partners Inc., Lunar Design, More..
• Founders: James O. McKinsey, Marvin Bower

9. Mercer:

Mercer is the world's largest human resources consulting firm. Headquartered in New York City, Mercer has more than 21,200 employees, is based in more than 40 countries, and operates internationally in more than 130 countries. Mercer is a subsidiary of global professional services firm Marsh & McLennan, and Mercer's $4.3 billion in 2016 revenue represented 33% of the parent company's consolidated revenue.

• CEO: Julio Portalatin
• Headquarters: New York City, New York, United States
• Revenue: 430 crores USD (2016)
• Number of Employees: ~21,200 (2016)
• Subsidiaries: Thomsons Online Benefits, ORC Worldwide, Inc., MORE
• Parent Organization: Marsh & McLennan Companies

10. PricewaterhouseCoopers:

PricewaterhouseCoopers (doing business as PwC) is a multinational professional services network headquartered in London, United Kingdom. PwC ranks as the second largest professional services firm in the world behind Deloitte, and is one of the Big Four auditors, along with Deloitte, EY and KPMG. Vault Accounting 50 has ranked PwC as the most prestigious accounting firm in the world for seven consecutive years, as well as the top firm to work for in North America for three consecutive years.

• Headquarters: London, United Kingdom
• Revenue: 3,770 crores USD (2017)
• Number of Employees: 2,36,000 (2017)
• Founded: 1849
• Type of Business: Members have different legal structures; both UK and US firms are actually limited liability partnerships
• Subsidiaries: Strategy&, PricewaterhouseCoopers Aarata, More..